Ode Projects ApS — Credit Rating and Financial Key Figures

Ode Projects ApS (CVR number: 38725483) is a company from BALLERUP. The company recorded a gross profit of 4622 kDKK in 2022. The operating profit was -315.7 kDKK, while net earnings were -427.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.4 %, which can be considered poor and Return on Equity (ROE) was -15.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -30.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Ode Projects ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.